12221 Forsythe DR, Austin TX 78759

After reviewing 7 recent transactions in WALNUT CROSSING, I estimate this property's value at $473,695. A competitive list price for this home right now would fall in the $393,000 to $403,000 range. Relative to what's currently available in WALNUT CROSSING, this home would be the 4th most expensive of 7 comparable homes on the market. The larger lot (0.32 acres versus the area average of 0.22) contributes to the valuation. Current inventory shows 7 comparable homes in WALNUT CROSSING; a seller's market based on recent absorption. Prices in WALNUT CROSSING have fallen 8% over the last 6 months. A similar home at 12216 Scribe DR, Austin TX 78759 carries an adjusted comparable value of $504,863, providing a strong data point. With 7 comparable sales in WALNUT CROSSING, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, Neuhaus Realty Group